* Pending all relevant CFTC regulatory review periods and
self-certification.
**Effective 7/1/2022
Clearing fees:
- Charged on all cleared trades (including new, terminations, compressions, and backloads)
- No transaction fees for transfers
- Billed in USD
- Applies to both customer and house accounts
|
PRODUCT(S) |
RATE PER MILLION NOTIONAL IN USDE |
|
All NDF and CSF currency pairs |
$1.00 |
Blending and netting:
- There will be no charges associated with the blending and netting of positions.
Fee calculations and examples:
- For the 10 non-USD based currency pairs supported by CME, we will take the notional traded in the base currency and multiply it by the exchange rate (rounded to four decimal places) to convert to USD. The fee of $1.00 per million USDE notional would then be charged on that value.
|
BASE CCY |
CCY PAIRS |
EXAMPLE TRADE |
BASE CCY CONVERSION |
CLEARING FEE |
|
USD |
NDF: USD/BRL, USD/CNY, USD/KRW, USD/RUB, USD/CLP, USD/INR, USD/PHP, USD/IDR, USD/TWD, USD/COP, USD/PEN
CSF: USD/CAD, USD/CHF, USD/JPY, USD/SEK, USD/DKK, USD/NOK, USD/HKD, USD/HUF, USD/ILS, USD/MXN, USD/SGD, USD/PLN, USD/ZAR, USD/CZK, USD/TRY, USD/THB |
$100,000,000 USD/MXN AT RATE OF 19.85868 |
NO CONVERSION REQUIRED |
$100.00 |
|
NON-USD |
CSF: EUR/USD, AUD/USD, GBP/USD, NZD/USD, AUD/JPY, EUR/JPY, CAD/JPY, EUR/AUD, EUR/CHF, EUR/GBP |
€100,000,000 EUR/GBP AT EUR/USD RATE OF 1.05508 |
100,000,000 * 1.0551 (RATE ROUNDED TO 4 DECIMALS) = $105,510,000.00 |
$105.51 |
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
